Market Cautious Awaiting Obama’s Jobs Speech

Published on Tuesday, 06 Sep 14:45 pm

Brent rebounded from sharp falls a day earlier, as expectations for further economic stimulus in the US boosted sentiment- among great concern about the US economy. The market is looking for fresh stimulus coming from President Obama jobs speech on Thursday. Brent plunged over $2/B On Monday on weak US & China economic data settling towards $111/B, while US crude was trading at $83.95/B Tuesday morning in Singapore.

Log in or register to post a comment

There are no comments yet.